Business News
Miller Petroleum Mobilizes New Drilling Rig
2008-08-21 13:19:00
HUNTSVILLE, Tenn., Aug. 21 /EMWNews/ -- Miller Petroleum, Inc. (Pink Sheets: MILL) has mobilized its newly acquired 2007 Atlas RD20 III drilling rig. This rig was previously in operation in Texas and has recently been reconfigured to operate efficiently in the Appalachian Basin area. The drilling rig and support equipment have now been mobilized to drill a series of wells in Miller Petroleum's Lindsay lease holdings. Scott M. Boruff, Miller's newly appointed Chief Executive Officer, said, "This is an exciting time for Miller Petroleum as it embarks on an aggressive drilling initiative. In the past the Lindsay lease has proven to be a solid area for drilling and I anticipate strong results from our efforts to further develop this field."
About Miller Petroleum
Miller is an oil and gas exploration and production company actively
engaged in the exploration, development, production and acquisition of
crude oil and natural gas primarily in eastern Tennessee. Over the years,
Miller has drilled more gas and oil wells in Tennessee than any other
company.
Certain matters discussed within this press release are forward-looking
statements. Although Miller Petroleum, Inc. believes the expectations
reflected in such forward-looking statements are based on reasonable
assumptions, it can give no assurance that its expectations will be
attained. Factors that could cause actual results to differ materially from
expectations include financial performance, regulatory changes, changes in
local or national economic conditions and other risks detailed from time to
time in Miller's reports filed with the SEC, including quarterly reports on
Form 10-Q, reports on Form 8-K and annual reports on Form 10-K.
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